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What is Bitcoin?

Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.

Release date: October 31st, 2008


  • Bitcoins can be transferred between arbitrary nodes on the network.
  • Transactions are irreversible.
  • Double spending is prevented by using a block chain.
  • Transactions are broadcast within seconds and verified within 10 to 60 minutes.
  • Transaction processing and money issuance are carried out collectively through mining.
  • Transactions can be received at any time, regardless of whether your computer is turned on or off.

CoinChoose info

Current Blocks419726
Reward25 BTC
Network hashrate1453312182009999872 H/s
Adjusted ratio100 % BTC
Avgerage Profit100 % BTC
Avgerage Hash1528120079903506480.2078 H/s